On 22 January US financial company Bloomberg reported that preliminary discussions were underway into a merger of Bombardier Transportation and Alstom (which could be effected by Bombardier selling its Transportation arm to Alstom). Shares in both companies rose sharply following the news, representing a small recovery for Bombardier whose share price slipped by 36% following its 16 January announcement that full year revenue in 2019 was down to USD15.8bn (including USD8.3bn for Bombardier Transportation). The fall is ascribed to delayed deliveries of Global 7500 aircraft and Aventra EMUs to Transport for London, as well as issues with delivery of the Twindexx EMU fleet to Swiss Federal Railways that have led to compensation discussions.
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